The Indian Coindcx cryptocurrency exchange was hacked on Friday, leaving the drained exchange of $ 44 million.
The pirates compromised one of the internal accounts of Coindcx used for “liquidity provisions” with another exchange via a server violation.
No user funds have been affected due to the feat, according to at Coindcx CEO SUMIT GUPTA. The CEO also said that all customer funds remain safe and have written:
“The incident was quickly contained by isolation of the affected operational account. Since our operational accounts are separated from the client’s portfolios, exposure is only limited to this specific account and is entirely absorbed by us, from our own cash reserves. ”
“The attacker’s address was funded with 1 Tornado Cash ether (ETH) and then led some of the stolen funds from Solana to Ethereum”, Onchain Sleuth Zachxbt said.
Cointelegraph stretched out for Coindcx to comment but could not get an answer at the time of publication.
Infinity Hedge analyst note This popular Wazirx Indian exchange was hacked for $ 235 million on this exact date, a year ago – a recall of persistent cybersecurity threats faced by the cryptography and investors industry.
In relation: Crypto losses reached $ 2.5 billion in the first half of 2025, but pirates fell in the second quarter: Certik
Other crypto exchanges which have become the prey of pirates in the last month
The Iranian exchange Nobitex was hacked for $ 100 million on June 18 in an attack politically motivated by a group of pro-Israeli pirates called “Gonjeshke Darande”.
After stealing $ 100 million in the initial hack, the group disclosed the source code of online exchange, exposing users of the cryptographic platform more.
https://www.youtube.com/watch?v=ndv0rfehetq
GMX V1, a version of the GMX protocol, a perpetual exchange operating on the Blockchain Arbitrum network, underwent cybersecurity on July 9, the pirate which reports $ 40 million.
However, the pirate made the funds stolen several days later, accepting a bonus of $ 5 million in exchange for 40 million dollars in crypto.
The decentralized financing platform (DEFI) Arcadia Finance was the target of an intelligent contract feat on Tuesday, which led to 3.5 million dollars in crypto drained by the threat actor.
Review: Indignation as $ 1.8 billion “DGCX” Crypto Scam Ringleader Mocks Victim: Asia Express
